Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612163
Bank Name:Indian Bank
Branch Name:Regional office
Reserve Price:₹14,82,000
EMD:₹1,48,000
Bid Increment:₹10,000
Auction Time:10:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a residential house located in Erumapathy, Namakkal, Tamil Nadu. The property is being auctioned by Indian Bank under SARFAESI Act. It presents a valuable opportunity for buyers in the Namakkal region.
State:Tamil Nadu
City:Namakkal
Area:Erumapathy
Asset Category:Residential
Full Address:1/61, Natham Survey S. F. No. 46/1 as per Natham Survey S. F. No. 361/37 as per new S. F. No. 361/37A, Door No. 1/61, Devarayapuram, Namakkal
Size:462 Sq. feet
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential house in Erumapathy, Namakkal, Tamil Nadu. The auction will take place on November 19, 2025, from 10:00 AM to 5:00 PM. The reserve price is INR 14,82,000, with an Earnest Money Deposit (EMD) of INR 1,48,000. This is a unique chance to acquire a property through a bank auction.
Borrower Name:Mr T. Praveen kumar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. T. Revathi
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property is a residential house in Namakkal, offered at a reasonable reserve price. While the location is not a major metropolitan area, the affordable price and the bank auction provide a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
V Premkumar
Contact no:9791550993
